The Jamestown Board of Public Utilities heard from their accounting firm about last year’s audit.

On Monday, Laura Landers, Freed Maxick certified public accountants director, presented the 2016 year-end audit to the board, which included providing detailed financial statements for each of the five divisions – electric, water, waste water, solid waste and district heating.

For the electric division, Landers said the total change in net position was an increase of $2.5 million in 2016. This was less than the total change in net position for the BPU in 2015 when it was $3.2 million. The electric division had a net decrease in cash of $1.5 million last year. In 2015, the BPU’s electric division had an increase of $6.3 million in cash.

For the water division, the change in net position was a $150,000 increases in 2016. This change in net position was a decrease of $546,000 in 2015. The water division had a decrease in cash of $111,000 in 2016. In 2015, the change in cash was a decrease of $614,000.

Landers said the waste water division was the only division to have an operating income deficit in 2016. Last year, the waste water division had a change in net position decrease of $117,000. In 2015, the change in net position for the division was an increase of $368,000. The waste water division had a decrease in cash of $495,000. In 2015, the waste water division had an decrease in cash position of $851,000.

The solid waste division had a net position change increase of $118,000 in 2016. This was less than the change in net position of $214,000 in 2015. The solid waste division had an increase in cash position of $162,000 in 2016. The division had a net decrease in cash position of $138,654 in 2015.

The district heat division had a net change deficit of $92,000 in 2016. In 2015, the division had an increase in net position of $113,000. In 2016, cash position for the district heat division increased 142,000. In 2015, the division had a decrease in cash of $184,000.